 "Silver falls by 0.2% on weak global cues")
Taking weak cues from overseas markets, silver prices fell by Rs 70 to Rs 34,424 per kg in futures trade today as participants cut down their bets.
At the Multi Commodity Exchange, silver for delivery in far-month March next year was trading lower by Rs 70 or 0.20% to Rs 34,424 per kg in a business turnover of 41 lots.
Similarly, the white metal for delivery in December declined by Rs 60 or 0.18% to Rs 33,736 per kg in a business volume of 1,190 lots.
Traders said the fall in silver prices at futures trade was largely in step with a weak trend in precious metals in global markets.
At the Multi Commodity Exchange, silver for delivery in far-month March next year was trading lower by Rs 70 or 0.20% to Rs 34,424 per kg in a business turnover of 41 lots.
Similarly, the white metal for delivery in December declined by Rs 60 or 0.18% to Rs 33,736 per kg in a business volume of 1,190 lots.
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In the international market, silver fell 0.11% to $14.24 an ounce in Singapore today.
Traders said the fall in silver prices at futures trade was largely in step with a weak trend in precious metals in global markets.